The Securities and Exchange Board of India (SEBI) on Tuesday proposed a service platform called MITRA (Mutual Fund Investment Tracing and Retrieval Assistant) for investors to trace inactive and unclaimed mutual fund (MF) folios. The new platform is aimed at preventing the risk of fraudulent redemptions of any inactive or unclaimed folios in cases where
The Securities and Exchange Board of India (SEBI) has barred foreign portfolio investors (FPIs) from issuing offshore derivative instruments (ODIs) with derivatives as underlying assets or using derivatives to hedge their ODIs in India in bid to curb regulatory arbitrage . Also ReadSEBI may relax AIF norms: Ananth Narayan “A foreign portfolio investor shall not
Capital market regulator SEBI appointed a forensic auditor to look into financial statements of New Delhi-based real estate company TARC between years FY21-23, citing that disclosure by the company may have been ‘detrimental to the interest of investors’. The company’s stock lost 10% on Tuesday and ended at Rs 189.55. It has a market capitalisation
Taking cues from other Asian equity markets and weighed down by an across-the-board selloff, the benchmark indices fell over 1% on Tuesday. The Sensex remained under selling pressure throughout the session and closed 1,064 points, or 1.30%, lower at 80,684.45, marking its second consecutive day of decline. Similarly, the NSE Nifty fell 332.25 points, or
The Indian rupee was mostly unchanged today and trade closed at Rs 84.90 against the US dollar. This was a strengthening of 1 paisa from its previous all-time low of 84.91 on Monday.The marginal uptick came despite a weakening economic outlook, a widening trade deficit, and weak domestic markets weighing on investor sentiment. At the
By Ravi Singh The benchmark indices began the week with a negative bias, suggesting a period of consolidation following a marginal gain in the previous week. For the continuation of last week’s momentum, the Nifty needs to firmly close above 24,850. In the derivatives market, the Nifty November weekly options exhibit significant open interest at
The Securities and Exchange Board of India (SEBI) may relax regulations for alternative investment funds (AIF) as recent regulatory measures have reassured the watchdog about reduced circumvention practices, a senior SEBI official said. Speaking at the CII AIF Summit, SEBI whole-time-member Ananth Narayan said, “Now that we have these checks and balances in place, I
The markets have been trading in range for most part of the week. The Nifty and the Sensex closed around 1.3 percent lower ach. The Sensex ended the day in deep red, plunging by 1.30 per cent or 1064.12 points to close at 80,684.45. The Nifty too mirrored the move and closed at 24,336.00, a
Venture capital (VC) investments in India have surged in 2024, reaching $16.77 billion across 888 deals from January to November, according to the India Brand Equity Foundation (IBEF). This represents a 14.1 per cent increase in funding value and a 21.8 per cent rise in deal volume compared to the same period in 2023. The
India’s Initial Public Offering (IPO) market is poised for even greater success in 2025, with projections indicating a continuation of the strong growth seen in 2024. According to a report by GlobalData, the IPO pipeline for 2025 promises to surpass last year’s record-breaking performance, driven by increased retail participation, substantial domestic inflows, and the resilience
Having a diversified portfolio offers several advantages. It helps balance your investments, provides a sense of security during turbulent market times — since not all your assets are affected simultaneously — and, most importantly, it supports steady growth of your wealth under various market conditions. But have you ever thought about how a diversified portfolio
6 high growth sectors to watch for maximum investment returns in 2025 The world is rapidly going digital. From making payments to consulting doctors, more services are shifting online than ever before. India saw a staggering 7.42 billion UPI transactions in October 2024 alone. This digital transformation is also changing traditional business models, creating fresh
By Krishna Barot | Mukesh Jagota Being at once import-intensive and export-oriented, the gems and jewellery industry can withstand the current fall of the rupee, but have serious concerns about the continued sluggishness in demand from key export markets. In the major industry clusters, capacity utilisation has plummeted to abysmally low levels. The depreciation of
